I wasn't actually sure whether to post this in this section but since it is a bullion coin I went ahead and posted here. Why are these coins much more expensive than others? I've been dying to get my hands on a 5oz but I can't justify the costs that are presented to me either online or in person. I can't remember the prices, all I know is that my jaw dropped and I refused because I could easily buy the America the beautiful 5 ouncers for much less. The libertad type 2 is a beautiful coin but why the high prices?
how much did you see them for? I may have a few sites that I can give you that have better prices based on how much your looking to buy. http://www.moderncoinmart.com/2013-mexico-1-oz-silver-libertad-onza-gem-brilliant-uncirculated.html Free shipping. http://www.jmbullion.com/2013-mexican-silver-libertad/ Coupon code for $5.00 off TSBNET I did look around for you, most are so expensive cause they are mostly sold out everywhere. I gave you links for 1 oz, I know its not what you asked for but they are priced well.
Thank you guys. I'll check those links out. I was able to buy two ATB's for $118 each and the 5 ounce Libertads were $180-220 etc definitely much higher than $118. I bought the ATB's during the sub $20 price last week. The ATB's when I bought them were going for $4/ounce over spot.
http://www.moderncoinmart.com/2013-mexico-5-oz-silver-libertad-onza-gem-brilliant-uncirculated.html $155.71 free shipping
I'm a huge fan of Libertads, gold and silver. With silver, I typically pay $1 or so less per ounce for Libertads than I do for ASEs. But if you're buying Libertads you need to understand their key dates. The Moneda de Mexico mintages fluctuated wildly over the past decades. For example, only 67,000 silver libertads were minted in 1998 while over 2 million were minted in 1992. This may explain the prices you were facing.
Very nice. The onza is the Libertad's predecessor and still highly valued. I believe the mintages for the earlier dates are hard to find. If you have a reliable mintage source for onzas please let me know.
Mintage numbers for Onza's 1978 to 2000 1978-280,000 First type 79-4,508,000 80-6,104,000 1982 - 1,049,680 2nd type 83-1,001,786 84-1.014,000 85-2,017,000 86-1,699,426 87-500,000 88-1,500,000 89-1,396,500 90-1,200,000 91-1,650,518 92-2,458,000 93-1,000,000 94-400,000 95-500,000 1996-280,000 3rd type (current) 97-119,999 98-67,000 99-95,000 00-396,400 Note these are for the standard coins, Proof coins were also minted.
I bought one a few hours ago. Thinking about another, ebay buck in 6 days. lol. The 2 and 5 are pricey.